Will India Replace Paper Currency with Plastic Notes? | Current Affairs 2026 | Economy MCQ

Government of India clarified that there is no proposal to replace existing paper currency notes with polymer (plastic) notes. Instead, the government has approved the Reserve Bank of India (RBI) to conduct field trials of ₹10 and ₹20 polymer banknotes to evaluate their durability, security features, and public acceptance. If successful, polymer notes will circulate alongside paper notes, not replace them immediately.

📚 MCQ:
What has the Government clarified regarding the introduction of polymer currency notes in India?

✅ Answer: There is no proposal to replace existing paper currency notes. Polymer ₹10 and ₹20 notes will initially be introduced only for field trials alongside paper currency.

✅ In this video, you’ll learn:

The correct answer to the MCQ
What polymer (plastic) currency notes are
Why the RBI is conducting trials of ₹10 and ₹20 polymer notes
Whether paper currency will be withdrawn
Advantages of polymer banknotes over paper notes
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